Clean Science Q3 net profit rises 16%; shares fall over 2%

After the results announcement, Clean Science shares were down 2.02% in noon deals at  ₹2,285.80 on NSE.Premium
After the results announcement, Clean Science shares were down 2.02% in noon deals at 2,285.80 on NSE.
1 min read . Updated: 07 Feb 2022, 02:21 PM IST Livemint

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Clean Science and Technology on Monday reported a standalone net profit of 58 crore for the quarter ending 31 December, 2021. This is an increase of 16% from 49 crore a year ago.

The company's board has also re-appointed Ashok Ramnarayan Boob as Managing Director of the Company for a period of 5 years commencing till July 2022.

Meanwhile, the company's revenue from operations increased 45% to 181 crore as against 125 crore in the last year period.

After the results announcement, Clean Science shares were down 2.02% in noon deals at 2,285.80 on NSE.

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The company reported an operating profit of 76 crore for the third quarter, up 22% when compared with the last year period.

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